Shore Point Advisors LLC Increases Stock Position in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU)

Shore Point Advisors LLC increased its stake in Dimensional US Core Equity Market ETF (NYSEARCA:DFAU) by 2.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 49,253 shares of the company’s stock after buying an additional 983 shares during the period. Dimensional US Core Equity Market ETF comprises 1.0% of Shore Point Advisors LLC’s investment portfolio, making the stock its 19th biggest holding. Shore Point Advisors LLC’s holdings in Dimensional US Core Equity Market ETF were worth $1,955,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Salem Investment Counselors Inc. raised its position in shares of Dimensional US Core Equity Market ETF by 74.9% in the first quarter. Salem Investment Counselors Inc. now owns 768 shares of the company’s stock valued at $28,000 after purchasing an additional 329 shares during the period. Montag A & Associates Inc. bought a new stake in shares of Dimensional US Core Equity Market ETF during the 1st quarter worth $37,000. Kings Path Partners LLC purchased a new stake in Dimensional US Core Equity Market ETF during the second quarter valued at about $92,000. Oliver Lagore Vanvalin Investment Group lifted its stake in Dimensional US Core Equity Market ETF by 39.6% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 2,987 shares of the company’s stock worth $112,000 after purchasing an additional 847 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new position in shares of Dimensional US Core Equity Market ETF in the 2nd quarter worth about $134,000.

Dimensional US Core Equity Market ETF Trading Up 0.7 %

Shares of NYSEARCA DFAU opened at $40.09 on Friday. The stock’s 50-day moving average is $38.52 and its 200 day moving average is $37.42. The stock has a market cap of $6.08 billion, a price-to-earnings ratio of 22.05 and a beta of 1.02. Dimensional US Core Equity Market ETF has a 1-year low of $28.50 and a 1-year high of $40.15.

About Dimensional US Core Equity Market ETF

The Dimensional US Core Equity Market ETF (DFAU) is an exchange-traded fund that is based on the Russell 3000 index. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAU was launched on Nov 17, 2020 and is managed by Dimensional.